991.1 alternatives with a 50k limit

[CK11]

Im very close to completing on 2012 991.1 3.8s. Low miles, low owners and basically immaculate. 14 months porsche warranty left and ticks all the good option boxes. £47,500 private sale

Im getting cold feet thinking am i wise spending close to 50k on a 11 year old car, albeit id struggle to find a better one than this particular 991.1.

50k is the limit
MUST have 2 rear seats suitable for kids

Is there somewhere else i should be putting my money?
These arent going to drop like a stone in value over the next year or 2 are they. Im not a millionaire

[jagot]

I'm not necessarily suggesting its a better prospect, but as an alternative, the LC500 is starting to reach that price and everyone seems to love it:

https://www.autotrader.co.uk/car-details/202308140...

[Sukh13]

Prices on 911s across the spectrum are softening, see the thread in the Porsche section setting out over 90 new 911s available today.

This is up from 18 month lead times and demonstrates an increase in supply, which with all other things being equal should result in lower prices as it cascades down the model years.

[konster296]

M4 CS - https://www.autotrader.co.uk/car-details/202303044...
Ford Mustang Mach 1 - https://www.autotrader.co.uk/car-details/202308241...
Both are special edition cars so shouldn’t depreciate too much

Edited by konster296 on Thursday 7th September 19:23

[shiversaint]

Sukh13 said:

Prices on 911s across the spectrum are softening, see the thread in the Porsche section setting out over 90 new 911s available today.

This is up from 18 month lead times and demonstrates an increase in supply, which with all other things being equal should result in lower prices as it cascades down the model years.

While you are right in general, those "new" numbers are not really accurate. Many are simply order slots.

[jamesbilluk]

What sort of age are the kids/space needed?

There is the Evora 400, they shouldn’t depreciate, and do have some rear seats of sorts..

https://www.autotrader.co.uk/car-details/202307079...

Edit, realise the one I showed was LHD, here’s another

Edited by jamesbilluk on Friday 8th September 11:05

[Shaoxter]

At that price point and for that kind of use case, you've pretty much picked the best option.
991.1 2Ss have remained between £45-55k for years so I don't think you have too much to worry about in terms of depreciation, and obviously having the Porsche warranty is great for peace of mind. Good luck!

[andy43]

jagot said:

I'm not necessarily suggesting its a better prospect, but as an alternative, the LC500 is starting to reach that price and everyone seems to love it:

https://www.autotrader.co.uk/car-details/202308140...

Not that one though, it’s only got 20,000 miles warranty left.
Around 50k would get a 2017-2018 car. There are just three options - stereo, head up display and colours - that’s it - far easier than Porsche if you’re buying used. N/A 5 litre, epic noise, peerless build, ten year warranty and nobody else has one. It’s a GT, more Aston/XK than 911 but it hides its weight. I can’t see me changing mine for anything.
AMG GT is another option but it rides like a roller skate.

[ST270]

Jag F Type R! I'm biased but it does the GT thing, theatre thing with an awesome soundtrack, oodles of shove and it drives well when pushed - really keen turn in with added security of AWD if you so wish.

Edited to say i missed the 2 rear seats requirement - doh!

Could always have an F Type and run-around for when 4 seats is a must!

[SFTWend]

I'm looking for something similar although will wait a while. This segment of the market appears to be struggling and I'm anticipating prices will start to fall over the winter.

My current thinking is Mustang. Would need to get it rust proofed.

Porsche is generally a very sensible and useable choice. I'm sure I read a buyers guide (PH or Evo) on the 991.1 that suggested a lot can go wrong with this model. Might be worth a read and ascertaining how many of the common failings would be covered by warranty.

[Sukh13]

shiversaint said:

While you are right in general, those "new" numbers are not really accurate. Many are simply order slots.

Either way, a big change from the beginning of the year when customers were being told 12/18 months for a build slot.

Now Porsche have new cars in stock and feel the need to advertise build slots.

Definitely a sign of a change in the times.

[bencollins4]

Depends exactly what floats your boat, but in terms of interesting, genuine 4 seaters you could go for a nice BMW 1M at that price point.

Very likely to hold its money as well as most things, great to drive, reasonable to run and a bit more space for the kids. I toured Scotland in one with two mid-size kids over a week and we squeezed in without too much trouble.

[ncjones]

I think you the nailed the choice. That might have something to do with the fact I bought. 991.1 2S in July! Also with a lengthy Porsche warranty. I’m happy with my decision so far.

[swanseaboydan]

Try a merc c63 cabriolet - that will be my next cab when I get bored of my targa gts - the merc sounds amazing - get kids in the back too I should think

[fflump]

A 991.1 or a 997.2 are pretty much bulletproof when it comes to residuals. Ridiculously expensive IMO but you’ll get it back when you sell.

[SFTWend]

fflump said:

A 991.1 or a 997.2 are pretty much bulletproof when it comes to residuals. Ridiculously expensive IMO but you’ll get it back when you sell.

That is certainly true in recent years, but I don't think the OP should rely on that historic trend. The market is changing for all luxury sports cars.

[fflump]

SFTWend said:

fflump said:

A 991.1 or a 997.2 are pretty much bulletproof when it comes to residuals. Ridiculously expensive IMO but you’ll get it back when you sell.

That is certainly true in recent years, but I don't think the OP should rely on that historic trend. The market is changing for all luxury sports cars.

It's a fair point-no guarantees on where the sector as a whole is heading

I guess that within this market segment a 911 of this age is like to retain value as well as anything, and better than most, so not really any better alternatives from a residuals point of view.

[SFTWend]

fflump said:

It's a fair point-no guarantees on where the sector as a whole is heading

I guess that within this market segment a 911 of this age is like to retain value as well as anything, and better than most, so not really any better alternatives from a residuals point of view.

Yep, agree with that.